KeyBank Community Development Lending and Investment (CDLI) provided $16.6 million in low income housing tax credit equity (state and federal), a $21.3 million construction loan and $6.3 million taxable equity bridge for the construction of Silos Apartments.
As Community Banking Director for South London, looking after 44 branches, Paul Turpin knows first-hand about the challenges his customers face. From helping former prisoners open their first bank account to protecting the elderly from fraudsters, he explains why he is so passionate about helping his local community.
In 2015, there were 244 million international immigrants – the highest number ever recorded and up 12 million from 2013.[i] The 2016 numbers will no doubt be higher. Many immigrants move to new countries in search of a better life. Some are escaping poverty, war, or famine; others are seeking an education; and some simply want to start anew. These immigrants often sign a social contract with their families to send back money – remittances – for support or to invest in local opportunities.
We’re celebrating Women’s History Month this March by introducing you to 10 women who help power your life at Duke Energy and Piedmont Natural Gas. They advance our company with their vision, talent, hard work and creativity. These trailblazing women – including a nuclear engineer, astrophysicist and lineman – reveal inspiring stories of persistence, pluck and achievement in largely male-dominated fields. A diverse workplace isn’t just a nice idea, it’s a competitive necessity. Today, meet Erin Schneider, a director of economic development based in Indiana.
Closing the water infrastructure funding gap in the U.S. could result in a $220 billion boost in economic activity, as well as create 1.3 million jobs annually. These findings, and more, were recently released in a new Value of Water Campaign, “The Economic Benefits of Investing in Water Infrastructure.”
Our efforts to reduce carbon emissions were acknowledged in 2016 with our inclusion in the ‘Climate A List’. CDP assessed companies globally from across 10 industry sectors; we were one of only 193 companies (9% of applicants) and seven healthcare companies to be A-listed.
As we learn more about how sustainable building techniques can be used for industrial purposes, we are putting this knowledge into practice with similar projects in the UK, where GSK funding led to the construction of the country’s first ever carbon neutral laboratory in Nottingham.
Black & Veatch’s 2017 Strategic Directions: Smart City/Smart Utility Report reinforces lessons learned in the past year—although governments and municipalities believe strongly in the smart city model, they continue to struggle to fund these efforts. According to survey data, only 16 percent of municipalities can self-fund a smart city initiative, a little over a third cannot.
The last few years have been transformational for climate diplomacy. In 2015, we witnessed the first legally binding global climate deal with the Paris Agreement, and last year’s COP22 conference saw governments and businesses reaffirm their commitments to sustainable growth. These events, coupled with a groundswell of public pressure, leave no doubt that working toward a low-carbon economy is, and will remain, a priority.
As the newly appointed Chair of the GRI Global Sustainability Standards Board, Judy Kuszewski wants to see a stronger link between sustainability and business strategy, and deeper collaboration between reporting frameworks. Find out more about Kuszewski’s vision about the future of corporate reporting.
About Truist FoundationThe Truist Foundation is committed to Truist Financial Corporation’s (NYSE: TFC) purpose to inspire and build better lives and...
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